About Meijiabang Technology
Meijiabang Technology is a company based in Xiamen (China) founded in 2008. It operates as a B2B. Meijiabang Technology has raised $11.64 million across 1 funding round from investors including Qingsong Fund, Wanrong Capital and Phoenix Tree Capital. Meijiabang Technology operates in a competitive market with competitors including Greentown, Jianke Network Technology, Haomuduo, MyCaigou and Qiancaivip, among others.
- Headquarter Xiamen, China
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.64 M (USD)
in 1 rounds
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Latest Funding Round
$11.64 M (USD), Series A
Jun 01, 2021
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Investors
Qingsong Fund
& 2 more
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Employee Count
Employee Count
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Funding Insights of Meijiabang Technology
Meijiabang Technology has successfully raised a total of $11.64M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.64 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $11.6M
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First Round
First Round
(01 Jun 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Meijiabang Technology | Valuation | Qingsong Fund , Wanrong Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Meijiabang Technology
Meijiabang Technology has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Qingsong Fund, Wanrong Capital and Phoenix Tree Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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A platform-based private equity firm focused on technology investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Meijiabang Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Meijiabang Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Meijiabang Technology Comparisons
Competitors of Meijiabang Technology
Meijiabang Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Greentown, Jianke Network Technology, Haomuduo, MyCaigou and Qiancaivip, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce platform for the construction material and home decor
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| domain | founded_year | HQ Location |
Construction materials and professionals are linked via an online marketplace.
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| domain | founded_year | HQ Location |
A B2B marketplace dedicated to sourcing and trading building materials.
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| domain | founded_year | HQ Location |
Operates an online platform for efficient procurement of construction materials.
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| domain | founded_year | HQ Location |
Operates an online B2B platform for trading construction materials.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Meijiabang Technology
When was Meijiabang Technology founded?
Meijiabang Technology was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Where is Meijiabang Technology located?
Meijiabang Technology is headquartered in Xiamen, China. It is registered at Xiamen, Fujian, China.
Is Meijiabang Technology a funded company?
Meijiabang Technology is a funded company, having raised a total of $11.64M across 1 funding round to date. The company's 1st funding round was a Series A of $11.64M, raised on Jun 01, 2021.
What does Meijiabang Technology do?
Meijiabang Technology delivers an online marketplace platform for comprehensive building materials solutions through undertaking construction projects, supplying building materials, online marketplace, and operating online marketplaces. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Meijiabang Technology?
Meijiabang Technology's top competitors include Greentown, Jianke Network Technology and Haomuduo.
Who are Meijiabang Technology's investors?
Meijiabang Technology has 3 investors. Key investors include Qingsong Fund, Wanrong Capital, and Phoenix Tree Capital.